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DC Plan Litigation 2019-2022: Major Themes Sponsors Need to Know
Callan
Oct. 26, 2022 "Of the 165 lawsuits in Callan’s study, 31% alleged the target date fund (TDF) suite underperformed various benchmarks.... Managed account services have become a new focus in DC litigation. While these types of lawsuits have yet to identify consistent claims, the potential expansion of litigation requires DC plan sponsors to carefully review the utilization and outcomes of managed account services." |
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